Founder of the world\’s largest hedge fund The United States is on the brink of huge turmoil

According to a report by Nikkei on Saturday (25th), Ray Dalio, founder of Bridgewater Associates, the world\’s largest hedge fund, said that the United States is on the verge of great turmoil.

According to a report by Nikkei on Saturday (25th), Ray Dalio, founder of Bridgewater Associates, the world\’s largest hedge fund, said that the United States is on the verge of great turmoil.
Dalio said that the country\’s internal cycle is roughly divided into six stages, from the beginning of the new order to the final stage when the war broke out. \”Nikkei Asia\” asked Dalio about this: In your opinion, what stage is the United States now? What will happen next? Dalio thinks The United States is in the fifth stage, which is \”on the verge of great turmoil.\”
He said it was a phase characterized by huge differences in wealth and values ​​that led to left- and right-wing populism seeking victory at all costs rather than reaching compromise.
Dalio said that the fifth stage is also characterized by conflicts between major countries with high debts, major technological changes, and natural disasters (droughts, floods, epidemics) that challenge the international order.
“When these things happen simultaneously, that’s phase five of the cycle.
We are in the classic stage five which means we are on the edge of great upheaval but not yet truly trapped in it.
What happens next remains up to us, especially our leaders, to step back from the brink or push over the edge.
\”Dario said.
He believes that \”the most likely type of \’civil war\’ in the United States is not people shooting each other with guns, but state and local governments refusing to follow the instructions of the federal government and the federal government falling into chaos and dysfunction.\”
According to Dalio, this fall\’s presidential election is a major risk factor facing the United States. He said that whether President Biden or former President Trump is elected, \”they will have to deal with challenging domestic conflicts and international geopolitical conflicts.\”

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